Uniswap Labs buys PONS to strengthen long-term partnership

Uniswap Labs, the developer of decentralized exchange Uniswap (UNI), has purchased PONS, the native token of PONS, a non-custodial token launchpad on Arbitrum (ARB)-based layer-two Robinhood Chain. PONS said on X the purchase is intended to strengthen a long-term partnership between the two sides. The size of the purchase was not disclosed.